ROCHESTER, N.Y., Nov. 14, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that an M300 Smart Glasses based remote field service pilot program with A1 Telekom Austria has been successfully tested.

A1 maintenance technicians with the use of Vuzix M300 Smart Glasses and assisted reality software solutions can now perform a high-quality review and a legally valid sign-off on work orders without being present on the job site. Prior to the use of smart glasses and hands-free remote video services experts were required to be present on the job site. A1 maintenance experts are now able to sign-off on work orders in up to a quarter of the time previously required.

Vuzix' partner Nagarro and A1 implemented the pilot program within eight weeks using Upskill's Skylight platform. The A1 application delivered end-to-end support of maintenance procedures on transmitter masts by real-time connections from experts and an integrated assisted reality software solution. The sign-off procedure is processed step by step via a dashboard solution allowing minor defects found during the review process to be rectified remotely by the technician while connected with the maintenance experts. Videos and photos of each job are taken with the glasses and archived for documentation purposes.

"We are delighted that A1 Telekom Austria successfully piloted the Vuzix M300 Smart Glasses to support their connected field workers. This is the latest example of a see-what-I-see application that can deliver knowledge where and when you need it to save time and money," said Paul Travers, Vuzix President and Chief Executive Officer.

About Nagarro

Nagarro drives technology-led business breakthroughs for industry leaders and challengers. When our clients want to move fast and make things, they turn to us. Today, we are more than 5,000 experts across 20 countries. Together we form Nagarro, the global services division of Munich-based Allgeier SE.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 133 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to A1 Telekom, Naggaro and the M300 Smart Glasses and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Nov. 13, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce the Company will be participating in an upcoming Augmate webinar 'Best Practices in Training with Augmented Reality: A Verizon Case Study' on Tuesday November 27 beginning at 12PM EST.

Augmate, a leading AR device management solution for wearable technology, will be joined on the webinar by a team of global experts and partners including: Verizon, one of the world's largest telecommunications company; Vuzix, a leading supplier of Smart Glasses and AR technology and products; and Ubimax, a global market leader for Industrial Wearable Computing. Best practices solutions for deploying an effective enterprise training program with AR will be showcased.

Participants in the webinar will walk away with a blueprint for implementing a successful program that includes:

- Modern AR training methods and why they are crucial to success- How to build a perfect team of partners to achieve results- How to avoid pilot purgatory and take it to the next level

The webinar is open to the public and individuals interested in attending can register through the following link.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 133 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to our business relationships with Verizon, Augmate and Ubimax as well as among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Third Quarter 2018 Financial ResultsFor the three months ended September 30, 2018 total revenues were $1.9 million, an increase of 37% over the comparable period in 2017. The increase in revenues for the 2018 quarter was primarily the result of strong M300 Smart Glasses sales, which increased 56% over the comparative period.

There was an overall gross profit of $0.6 million for the three months ended September 30, 2018 as compared to a gross loss of $0.1 million for the same period in 2017. The product gross profit improvement for the 2018 period over the 2017 period reflects an improved average selling price of Smart Glasses and higher total overall revenues on which to absorb the generally fixed manufacturing overhead costs.

Research and Development (R&D) expense was $2.5 million for the three months ended September 30, 2018 compared to $1.5 million for the comparable 2017 period. The increase in R&D expense was primarily driven by additional R&D staff hiring and an increase in software development costs for the new Blade Smart Glasses.

Selling and Marketing expense was $1.0 million for the three months ended September 30, 2018 compared to $0.9 million for the comparable 2017 period.

General and administrative expense for the three months ended September 30, 2018 was $1.7 million versus $1.6 million in the prior year's period.

The net loss attributable to common stockholders after accrued preferred share dividends for the three months ending September 30, 2018 was $5.3 million or $0.19 cents per share versus a net loss of $5.9 million or $0.28 for the same period in 2017.

Net cash operating loss after adding back non-cash adjustments for the third quarter of 2018 was $3.9 million as compared to first and second quarter 2018 cash usage of $4.6 million and $5.0 million, respectively. As of September 30, 2018, the Company maintained cash and cash equivalents of $23.5 million and an overall working capital position of $29.8 million.

Recent Developments

Vuzix, beginning this October, is now able to pursue product sales to first responders, defense and security organizations, and suppliers to military organizations through the amended non-compete agreement with Six15 Technologies;

Vuzix is already actively engaged and moving forward with several large defense suppliers on opportunities related to first responders and homeland defense, as well as for inclusion of the Company's waveguide optics and related technologies into waveguide-based HMD systems for ground vehicles and aircraft;

Vuzix made an investment in WakingApp Ltd., a private company that is in the augmented reality software tool market, and entered into a commercial agreement with WakingApp such that WakingApp would provide full support for the Company's AR products through the WakingApp AR software tool and licenses, providing Vuzix developers with access to the tool;

Vuzix has been engaged in ongoing discussions with the Toshiba Client Services and expects the remaining OEM product purchase obligations of $228,000 to be recognized as sales in the fourth quarter of 2018;

Launched the Vuzix Blade Smart Glasses Commercial Edition including the release of the Commercial Edge Software Suite and the Vuzix Blade Companion App for Google Play (Android) and the App Store (iOS) smart phone users;

M300 Smart Glasses new customer pilot programs now exceed 1,000, almost triple the level reported in December 2017;

M300 Smart Glasses follow-on order was placed to outfit further ramp handling operations at Changi Airport; 400 units were shipped in the third quarter and the remaining 200 units related to this order are expected to ship in the fourth quarter; and

Engineering services work with a global aerospace firm to develop a customized commercial avionics waveguide-based HMD system is progressing well; the waveguide-based head mounted display system project is expected to be completed and delivered to our customer in the fourth quarter, which will represent the balance of $141,000 in engineering services upon completion.

The following table compares condensed elements of the Company's summarized Consolidated Statement of Operations data for the quarters ended September 30, 2018 and 2017, respectively:

For 3 MonthsEnded September 30,

2018

2017

Sales:

Sales of Products

$

1,842,500

$

1,138,413

Sales of Engineering Services

80,900

266,687

Total Sales

1,923,400

1,405,100

Total Cost of Sales

1,302,480

1,497,101

Gross Profit (Loss)

620,920

(92,001)

Operating Expenses:

Research and Development

2,468,449

1,506,307

Selling and Marketing

966,294

908,797

General and Administrative

1,666,596

1,612,542

Depreciation and Amortization

377,724

251,366

Impairment of Software Development Cost

196,223

-

(Gain) Loss on Inventory Revaluation and Product Discontinuance

(211,416)

1,151,482

Loss from Operations

(4,842,950)

(5,522,495)

Total Other Income (Expense)

45,194

20,253

Net Loss

(4,797,756)

(5,502,242)

Loss per Share after accrued Preferred Dividends

$

(0.19)

$

(0.28)

Management Commentary"We achieved our third period of year-over-year top-line growth this quarter and our nine-month revenues for 2018 have already surpassed our total for all of 2017," said Paul Travers, President and CEO of Vuzix. "Our M300 Smart Glasses new customer pilot count has now expanded to over 1,000 and with more pilots converting into deployments, leading to repeat orders, and we are now beginning to see the realization of these primary growth drivers in our sales results. The feedback we continue to receive from our Vuzix Integration Partners (VIPs) and end customers for this product is very positive and gives us increasing confidence that we are building an industry-leading smart glasses franchise on the enterprise side. We also continued to make solid progress with the Vuzix Blade in the third quarter in terms of both software development and growing Blade product shipments to our enterprise customers and developer community. Just this week, we launched the Blade Commercial Edge edition, which opens up a broader range of features not previously available and effectively makes the Blade a fully deployable enterprise product today. Regarding our waveguide optics business, the Company continues to nurture its relationships with numerous tier-1 OEM customers, the most notable last quarter being the one we announced in September with a global aerospace firm to develop a customized commercial avionics waveguide-based HMD system."

Management Outlook"Entering our final quarter of 2018 and looking forward to 2019 and beyond, we believe that our future is both bright and exciting," said Paul Travers, President and CEO of Vuzix. "First, we feel we are well positioned to become a key supplier of AR smart glasses to the enterprise community. Enterprise customers including VIPs continue to place follow-on M300 orders and we have begun responding to competitive RFPs for as much as 15K+ pieces. Second, we strongly believe that the Vuzix Blade is poised to be a highly disruptive force in the market. Production is steadily ramping in our fourth quarter of 2018. The Vuzix Blade, with its planned new levels of performance and functionality, should make it the product of choice for a broad range of commercial enterprise applications, and of course an ever-expanding base of potential consumers who see the utility and have the desire to leave their phone in their pocket. We remain very excited about the prospects for Vuzix and believe that the fourth quarter will be one of our strongest to date, and one that sets the stage for rapid acceleration of our performance as AR industry growth finally begins to hit its next inflection point in 2019 enabled by the broader ecosystem development that we are seeing currently."

Conference Call InformationDate: Thursday, November 8, 2018Time: 4:15 p.m. Eastern Time (ET)Dial-in Number for U.S. & Canadian Callers: 877-709-8150 Dial-in Number for International Callers (Outside of the U.S. & Canada): 201-689-8354 Conference ID: 13684859

Participating on the call will be Vuzix' Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who together will discuss operational and financial highlights for the third quarter ended September 30, 2018.

To join the live conference call, please dial into the above referenced telephone numbers five to ten minutes prior to the scheduled conference call time.

A replay will be available for 30 days, starting on November 8th, 2018, at approximately 5:30 p.m. (ET). To access the replay, please dial 877-660-6853 within the U.S. or Canada, or 201-612-7415 for international callers. The conference ID# is 13684859.

About Vuzix CorporationVuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and virtual and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements DisclaimerCertain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to, among other things, the timing of new product releases, R&D project successes, smart glass pilot to roll-out conversion rates, future operating results, and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the Company's Annual Reports and other filings with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

The Vuzix Blade Commercial Edge Software Suite is available for download via Over the Air (OTA) system updates. Vuzix Blade owners simply need to connect to Wi-Fi and the Vuzix Blade will automatically prompt when there is a software update available. Vuzix Blade owners can also access the enhanced settings menu from their Blade to manually check and update the Blade software. An updated user guide and quick start guide are also available and can be accessed from the Vuzix website (https://www.vuzix.com/support/blade-smart-glasses).

Vuzix Blade owners are also encouraged to download and install the Vuzix Blade Companion App directly from the App Store or Google Play onto their phones. Once installed, tap Start Setup and follow the instructions on the screen to connect your iOS or Android smart phone with your Blade. The Companion App enables easy setup and customization of your Blade and manages the communication link between the Blade and your smart phone. The Companion App on the smart phone allows users to manage practically all application notifications and alerts from the phone to the Blade including email, messages and navigation, media player control and more.

The Blade Commercial Edge Software Suite release includes a series of new features and upgrades from the earlier Developer Edition including:

Photos App now includes the ability to swipe forward and back while playing a video.

Bluetooth can now be paired, connected to or disconnected from devices using the Vuzix Blade Companion App; Bluetooth now automatically reconnects after turning airplane mode on and off; improved Bluetooth audio sink and overall sound quality of media being played.

The touchpad on the temple of the Blade now supports multiple new gestures including a two-finger hold to take the device to the Home menu and to put the device to sleep a two-finger tap to go back one level, a two-finger swipe to clear all notifications and many new gestures.

Companion App provides three dashboard views: the home tab, apps tab and settings tab; the Companion App allows users to view apps that have been added to the Blade device via their Vuzix apps account and device library; changing the users name of the Blade, modifying the display mode, volume controls and change modes to enable files transfers via USB.

The Media Control App allows the Blade to control media being played on the linked iOS or Android smart phone, including pause, play, go to previous and go to next tracks.

The Vuzix Blade BETA App Store is also now open and available here. As the Vuzix Blade ecosystem grows we expect the 'Vuzix Apps" applications store to grow significantly as more and more developers release applications for the Blade.

"The combination of the Blade Commercial Edge Software Suite and the Vuzix Blade Companion App opens up the communication links directly between connected Android and iOS devices. The Vuzix Blade not only delivers new hands-free solutions, but content and productivity tools for consumer facing business applications. It also marks the beginning of leaving your phone in your pocket," said Paul Travers, Vuzix President and Chief Executive Officer.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Blade Smart Glasses, new Blade Commercial Software Suite and Companion App, their features and performance and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Nov. 2, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, is pleased to announce that the Company has scheduled a conference call on Thursday, November 8, 2018 at 4:15 PM Eastern Time (ET) to review its operating results for the quarter ended September 30, 2018.

Date: Thursday, November 8, 2018 Time: 4:15 PM Eastern Time (ET) Dial-in Number for U.S. and Canadian Callers: 877-709-8150 Dial-in Number for International Callers (Outside of the U.S. and Canada): 201-689-8354

Participating on the call will be Vuzix Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who will discuss operational and financial highlights for the quarter ended September 30, 2018.

To join the live conference call, please dial in to the above referenced telephone numbers 10 to 15 minutes prior to the scheduled call time. Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call.

A replay will be available for 30 days starting on November 8, 2018, at approximately 5:30 PM (ET). To access the replay, please dial 877-660-6853 in the U.S. or Canada and 201-612-7415 for international callers. The conference ID# is 13684859.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

ROCHESTER, N.Y., Oct. 25, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that seeCOLe (see Clinical data On Lens), a health app for the Vuzix Blade® that enables clinicians to navigate and document into their patient electronic health records by hands-free by voice command, was awarded first place at the Cerner Corporation Code App Challenge during the 2018 Cerner Health Conference held in Kansas City, MO on October 9-11.

Cerner Corporation's health technologies connect people and information systems at more than 27,500 contracted provider facilities worldwide and are dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. Cerner brings together thousands of medical professionals each year at their annual Cerner Health Conference and at this year's conference they hosted the code App Challenge, which gives third-party developers and Cerner health systems the opportunity to create, develop, and pitch innovative solutions to improve health outcomes.

seeCOLe, which stands for "see Clinical data On Lens", is an augmented reality health app that uses SMART on FHIR (Fast Healthcare Interoperability Resource), which enables clinicians to navigate and document information into their organizations' electronic health record system using smart glasses. While using seeCOLe, the clinician's verbal commands can interact with the electronic health record, which populates data from the patient's chart, and display it on the Vuzix Blade Smart Glasses. Once the patient data is accessed, the seeCOLe application can be coached via voice or touch features to navigate through patient records. seeCOLe coupled with the Vuzix Blade provides hands-free documentation of patient data at the bedside, during a consultation, in isolation areas and in the operating room all without losing sight of the patient. The augmented reality solution also provides patient data within the clinician's point of view wirelessly, which enables the clinician to interact freely and increase the clinician-to-patient interaction.

"The overall form factor, wearability and performance of the Vuzix Blade Smart Glasses has drawn rave reviews from B2C customers, who see a tremendous opportunity to disrupt the existing market and build hands-free solutions around the Vuzix Blade platform," said Paul Travers, Vuzix President and Chief Executive Officer. "Innovative health applications like seeCOLe, delivered through a see-through display on the Vuzix Blade Smart Glasses, can not only help clinicians provide improved care, but also increase their interaction with patients."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to seeCOLe, the Blade Smart Glasses and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 22, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR)) technology and products is pleased to announce that the Vuzix Blade® Smart Glasses received 'Best in Show Overall' Auggie Award at AWE Europe 2018 held in Munich, Germany October 18-19.

The annual AWE Europe Auggie Awards have been the most recognized industry AR & VR awards in the world since 2010. Now in its 9th year, the AWE continues to showcase the best-of-the-best in XR (AR/VR/MR). With more than 2,000 attendees, 100+ speakers and 100+ exhibitors, AWE Europe 2018 is the world's largest conference and expo dedicated to Augmented and Virtual reality.

"We are honored that the Vuzix Blade AR Smart Glasses was named as the Best in Show Overall at AWE Europe 2018. AWE Europe 2018 provided a tremendous platform for Vuzix to showcase the Vuzix Blade to all our European clients, partners, industry participants, the press, enterprise and many new potential strategic and OEM partners. The feedback has been incredibly positive and is resulting in a significant inflow of business and strategic partnership opportunities with some leading organizations from around the globe and Europe in particular," said Paul Travers, President and CEO of Vuzix.

A copy of Vuzix' presentation entitled 'Smart Glasses Deployments in Enterprise', which was presented at AWE Europe 2018 by Paul Travers, Vuzix CEO and President, is now available on the Vuzix IR section of the website. A video link of Mr. Travers' presentation is forthcoming and will be posted on the Vuzix YouTube channel when it becomes available from the event coordinator.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Blade and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

With Ubimax Frontline software suite fully supported on the Vuzix Blade Smart Glasses, Ubimax will now be able to offer its customers even more possibilities to use its platform for augmented and assisted reality solutions to increase the productivity of their employees and make their daily work more appealing. For existing Ubimax customers, the porting of software to the Vuzix Blade was very simple and required a minor server update to enable all of Ubimax Frontline functionalities on the Vuzix Blade without losing any customer specific configurations.

Ubimax Frontline consists of the four core solutions, xPick for manual order picking, incoming/outgoing goods, sorting of goods and inventory and deficiencies; xMake for assembly, quality assurance, inspection and training; xInspect for service and maintenance, inspection, training and remote assistance; and xAssist for remote support, 2-way video and audio, document exchange and remote augmented reality. Fully optimized for Wearable Computing and Augmented Reality, Ubimax Frontline offers a hands-free work experience along the entire application value chain.

"With the Blade's unique and stylish design, we expect the combination of Vuzix Blade Smart Glasses and Ubimax Frontline to open up a whole new market of consumer facing business applications in retail stores or healthcare, which has largely remained an untapped market opportunity today," commented Jan Junker, Ubimax' Chief Commercial Officer.

"Ubimax continues to be at the head of class when it comes to innovative enterprise solutions and Vuzix is delighted that Ubimax Frontline software suite is fully supporting Vuzix Blade Smart Glasses to deliver new hands-free content and productivity tools for consumer facing business applications," said Paul Travers, Vuzix President and Chief Executive Officer.

Ubimax will be showcasing Ubimax Frontline running on the Vuzix Blade at the Augmented World Expo Europe (AWE EU 2018) taking place October 18-19 in Munich, Germany.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Blade, Ubimax Frontline and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 18, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company is ready to launch the Blade Edge commercial edition release of the Vuzix Blade® Smart Glasses and expects to starts shipments the first week of November 2018.

Previous to this, Vuzix launched the Blade Developers and Edge programs designed for software developers in order to give them early access to the beta units. Recently Vuzix launched the Developer Center to enable Vuzix Blade partners and customers to access a diverse set of resources for developing applications on the Blade. Some of the many resources include sample code for utilizing the various Blade Application Programming Interfaces (APIs) related to the camera, microphone, photos, sensors, gestures and a growing set of many others.

The first commercial release of Vuzix Blade will include Blade Edge SDK version 5 commercial edition, which will allow enterprise customers to take advantage of communication link between iOS and Android devices; including smart phones and tablets; and the Vuzix Blade Smart Glasses. Additional functionality included in Blade Edge SDK version 5 commercial edition includes the Vuzix Blade companion app; email, messages, media player control, as well as user-specified application notifications between the Vuzix Blade Smart Glasses and a paired iOS or Android device.

The Vuzix Blade Companion App links the user's phone to the Blade allowing Vuzix Blade users to leave their phone in their pockets while using many applications of the phone. From basic messaging, to alerts across the Companions device apps, the Blade displays information and communicates to the user what's happening on their phones. Configurable by the user the smart phones status and communications just float, always available and hands free, through the display of the Blade. The Vuzix Blade Smart Glasses are currently certified to ship into North America, Canada and Europe; additional certifications for several new countries worldwide are in process.

"Vuzix has been seeding developers and enterprise customers with Vuzix Blade Smart Glasses over the last few months and the feedback we have received from our community of customers has been very encouraging," said Paul Travers, Vuzix President and Chief Executive Officer. "The Vuzix team of software engineers has put together an incredible Blade Edge commercial edition SDK for our customers to begin leveraging new functionality, porting over existing enterprise applications and opening up communication links directly between connected Android and iOS devices and the Vuzix Blade to deliver new hands-free content and productivity tools for consumer facing business applications. Vuzix continues to work diligently on the next Vuzix Blade General release for both consumers and business, which will include an expanded software suite and services as well as retail packaging and accessories. It is expected to be released in January 2019."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Blade commercial launch and its products features and benefits, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 17, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR)) technology and products, is pleased to announce that the Company' has entered into a multi-year strategic partnership with WakingApp Ltd. ("WakingApp") where WakingApp will support Vuzix Augmented Reality (AR) Smart Glasses products with its ENTiTi AR Creator content creation platform (the "Platform") and Vuzix will distribute copies of limited term licenses of the ENTiTi AR Creator platform to Vuzix developers and customers.

Under the agreement, WakingApp with its professional augmented reality toolkit, ENTiTi AR Creator 3.0, developers and designers have the power to rapidly produce outstanding AR experiences for Vuzix AR Smart Glasses products as stand-alone apps or integrated into existing mobile apps. ENTiTi AR Creator 3.0 is an AR content creation platform that allows enterprises and small businesses to create, distribute and view augmented reality and 3D content with no coding skills required. Users can drag-and-drop animations, live data feeds, social activities, pictures, video, sound and 3D art and use other personalization tools, which are updated to the cloud in real-time.

The ENTiTi 3.0 AR Creator platform allows for rapid content creation, simple integration with existing apps, on-the-fly content updates, support multiple AR solutions including SLAM AR, QR tracking or Image Target AR using JavaScript for its advanced scripting capabilities. Vuzix will soon begin releasing model environments to be used as demonstrations on its M300 and Blade Smart Glasses and is also contracting with WakingApp to purchase over the next two years up to 100,000 copies of limited term licenses of the ENTiTi AR Creator platform that will be distributed to developers and customers of Vuzix AR products to spur enterprise and consumer app development, content creation and new interactive experiences.

"We are extremely excited about this partnership, and of becoming an integral part of one the fastest growing segments in the AR space," said Matan Libis, CEO of WakingApp. "By integrating our ENTiTi 3.0 creator with Vuzix line of smart glasses we believe that there is great potential to accelerate the growth in both of our companies."

"Our partnership with WakingApp will introduce a new community of developers to the Vuzix Blade and Vuzix M300 Smart Glasses opening the door for the creation of new applications and experiences for enterprise and consumers," said Paul Travers, Vuzix President and Chief Executive Officer. "WakingApp's ENTiTi AR Creator 3.0 levels the playing field for developers by enabling individuals with zero coding skills to create AR content for Vuzix smart glasses. Vuzix is really excited to provide ENTiTi AR Creator 3.0 to its customers and developers, which will help almost anyone develop and leverage AR on Vuzix' smart glasses platform."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to, our business relationship and opportunities with WakingApp and among other things and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 16, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR)) technology and products, is pleased to announce that the Company's President and CEO Paul Travers will participating in the AWE EU 2018 press conference event on the main stage October 18 in Munich, Germany.

The press conference which begins at 11:20 AM CEST/5:20 AM EDT is dedicated to major news and launch announcements from leading XR organizations. At AWE EU 2018 Vuzix will be showcasing the Vuzix Blade and the M300 Smart Glasses at Booth #507 October 18-19.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to, among other things, the success and future potential business from this tradeshow event and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

]]>Screencast, Facial Recognition and Other Apps to be Showcased on the Vuzix Blade at CEATEC in Japanhttps://ir.vuzix.com/news/detail/1653/screencast-facial-recognition-and-other-apps-to-be-showcased-on-the-vuzix-blade-at-ceatec-in-japan
Mon, 15 Oct 2018 10:30:00 -0400https://ir.vuzix.com/news/detail/1653/screencast-facial-recognition-and-other-apps-to-be-showcased-on-the-vuzix-blade-at-ceatec-in-japan

ROCHESTER, N.Y., Oct. 15, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR)) technology and products, is pleased to announce that the Company's Vuzix Blade® and M300 Smart Glasses will be showcased at the Combined Exhibition of Advanced Technologies (CEATEC), Japan's largest IT and electronics exhibition and conference October 16-19 in Japan.

At CEATEC Japan 2018 several notable applications will be demoed at the Vuzix booth on Vuzix Smart Glasses including Device Connect WebAPI, a screencast application developed by GClue with NTT DOCOMO's opensource software on the Vuzix Blade and M300 Smart Glasses. Using Device Connect WebAPI, Android phone users can wirelessly cast content from their Android mobile phone screen to the HUD of the Vuzix Blade Smart Glasses over Wi-Fi and wirelessly consume real-time content hands-free via the HUD of the Vuzix Blade. Device Connect WebAPI is an open source software application listed on GitHub and is available now for download via the Vuzix app store.

Vuzix' partner Toshiba Client Solutions will be demoing Windows 10 applications for business with the Toshiba "Powered by Vuzix" AR100 Smart Glasses; Japan Media Systems will be demoing Live On, a web conferencing system for enterprise on the Vuzix M300 Smart Glasses; KDDI Research, NID, OPTiM, Shinko Shoji and Atos will be demoing remote support applications for enterprise on the Vuzix M300 Smart Glasses.

Vuzix Blade® Smart Glasses supporting a 3rd party facial recognition app will also be showcased at the Vuzix booth #S014-20 located at the American pavilion in Hall 5 from October 16-19 at the Makuhari Messe convention center located just outside of Tokyo, Japan. Vuzix will also be presenting an abstract on 'Successful Enterprise Deployments' in Co-Creation Park from 12:00-12:30 pm JST on Thursday, October 18th.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to, among other things, the success and future potential business from this tradeshow event and the Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 10, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) products and technologies, is pleased to announce that the Company has amended the 10-year non-compete restrictions it entered into with the buyer of its defense division in June 2012. The division's buyer, TDG Acquisition LLC (DBA – Six15 Technologies ("Six15")) originally negotiated a ten-year non-compete whereby Vuzix agreed not to sell products or services directly or indirectly into the global Military, US Department of Defense, Security Organizations and First Responder markets. The previous non-compete agreement had just under four years remaining and with a new amendment in place will allow Vuzix to immediately pursue opportunities related to the Company's smart glasses and waveguide optics technologies into these expanded market opportunities related to first responders, US Department of Defense, Security Organizations and the Military.

"Vuzix has always seen great opportunity in the first responder, defense and homeland security markets but saw better near-term opportunities in enterprise and consumer when making earlier resource allocation determinations," commented Paul Travers, President and CEO. "Today, we have seen military, security and first responder opportunities come to the forefront as well. In assessing these developing opportunities, Vuzix and Six15 felt that collaboration rather than competition is the right mix to pursue and potentially win these significant opportunities. As such, we worked with Six15 to find ways where we might best pursue these opportunities and are quite pleased to reach this resolution afforded by the amendments to the earlier transaction documents. Together, we see many great opportunities and look forward to bringing Vuzix back to its roots and once again becoming a key player in the defense and military markets."

"Six15 is excited to expand the relationship with Vuzix and create opportunities to best support First Responder and Defense communities. Through a cooperative agreement, we believe that both companies can deliver superior solutions to these markets and focus on the strengths each organization brings to the relationship," commented Rich Ryan, CEO of Six15 Technologies.

These new markets for Vuzix products are significant in both the United States and globally; and exceed millions of equivalent personnel that could leverage and benefit from our products. The defense and security organizations include business customers and Governmental Entity customers that primarily provide security and defense services, including police, fire fighters, EMTs, other first responders, homeland and border security.

Further, pursuant to the non-compete amendment, Vuzix and Six15 have agreed to work together on incorporating Vuzix' industry leading waveguide optics and display engine technologies into Six15 products and offering Vuzix smart glasses solutions directly to Governmental Military Organizations around the world.

Additionally, Vuzix is now permitted to perform contract work with and sell its waveguide optics and display engines to the largest third-party defense suppliers around the world that wish to incorporate Vuzix near-eye display or HMD technologies into the products and systems that they sell into Military Organizations. Direct sales of products and services by Vuzix to Military Organizations are still precluded pursuant to the original non-compete.

As a part of this amendment, Vuzix will pay a total of $1,500,000 to Six15 in three installments over the next six months and will pay commissions at various rates for any sales into these re-opened markets. For more information, please refer to the Company's 8K filed today with the SEC.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 62 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

About Six15 Technologies

Six15 Technologies is a world leader in high-resolution head mounted displays (HMD) and OEM optoelectronic module manufacturing. Located in Henrietta, NY, the Company's 9,000 square foot production facility manufactures OEM components for thermal imagers; industrial display systems, R&D projects, and custom computing and display solutions. Six15 Technologies is at the forefront of wearable solutions for Defense, Public Safety, Security, Medical and First Responder markets globally with nearly 10,000 wearable displays already sold and over 200,000 optical modules delivered and integrated into OEMs systems.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business opportunities in the Defense, First Responder and Military organization markets, growth in our business with Six15 Technologies, and among other things, the Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Oct. 9, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, is pleased to announce that the Company has received an ~$1 million commercial M300 Smart Glasses follow-on order from SATS Ltd. (SATS), Asia's leading provider of Gateway Services and Food Solutions, to outfit SATS' ramp handling operations at the Changi Airport in Singapore.

SATS, the chief ground-handling and in-flight catering service provider at Singapore Changi Airport, started piloting the Vuzix M300 Smart Glasses to digitize its ramp handling operations in mid-2017 and is now completing phase 2 by introducing and deploying the technology to more than 500 staff at Changi Airport. Using Vuzix M300 Smart Glasses, SATS ramp handling staff will now be able to scan barcodes on baggage and cargo containers to improve the baggage handling process. Ramp handling staff will also receive real-time loading instructions, which provides the ramp control center with a real-time view of on-ground processes. SATS expects to increase accuracy and improve efficiency of baggage and cargo handling processes for larger wide-body aircraft, by reducing loading times by up to 15 minutes per flight on average.

SGX-listed SATS provides services in 60 airports and 62 cities across Asia and the Middle East. An overview of the SATS' augmented reality smart glasses project at the Changi Airport can be viewed here and here.

"SATS is a leader at innovation and now they are driving operational improvement through the use of Smart Glasses in their ramp handling operations. We are excited to be able to outfit SATS ramp handling staff at the Changi Airport with M300 Smart Glasses to help them quickly and accurately turnaround aircrafts and we look forward to additional smart glasses deployments with SATS in the future," said Paul Travers, Vuzix President and Chief Executive Officer.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business opportunities and growth with SATS and the Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Sept. 25, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company's partner 1Minuut Innovation is rolling out Genzõ, a mobile platform available on Android and iOS devices that was developed specifically around the Vuzix M300 Smart Glasses across the healthcare industry.

1Minuut is bringing real-life experiences virtually to patients that can't enjoy them in person by allowing patients to view real-time POV video streamed remotely by the Vuzix M300 Smart Glasses. Genzõ through their unique social communication platform which was designed to make POV video sharing mobile easy and safe to implement for customers. 1Minuut's Genzõ's mobile platform is unique and provides a new innovative and reliable method to connect patients, bring positive experiences and enable patients to watch through the eyes of others from anywhere.

Another aspect of 1Minuut Genzõ mobile platform is delivering telemedicine patient care services remotely and hands-free by connecting a doctor in the field to a nurse and patient in the doctor's office or patient facility to augment patient care and save lives. Through the M300 and Genzõ mobile platform ambulatory nurses are instantly connected to a doctor that can; observe the patient; provide immediate feedback or care instruction; and act faster and more appropriately. This technology can also help bridge the labor shortage gap by allowing doctors to remotely service more patients because the solution instantly removes travel time, which would otherwise be required by a doctor to come visit the patient at their physical location.

1Minuut has worked closely with the Dutch healthcare industry over the last four years to develop Genzõ and over the past twelve months 1Minuut has successfully piloted and placed dozens of Vuzix M300 Smart Glasses into operations across the Dutch healthcare industry. The Genzõ, a mobile platform solution paired with the Vuzix M300 Smart Glasses has proven in actual field deployments to be extremely safe, reliable and enjoyable for customers as well as patients. After four years of development and one year of field testing this innovative Smart Glasses based solution is now being implemented across the healthcare industry as a new way to deliver care that improves the efficiency and quality of care and appreciation of life for patients.

The combination of the Vuzix M300 Smart Glasses and the Genzõ mobile platform enables real-time audio, first person Point of View (POV) video streaming and file sharing that is easy, mobile and safe. Through collaboration with Deloitte Assuring Medical Apps Netherlands, the Genzõ mobile platform is also an extremely safe and GDPR (General Data Protection Regulation) ready application.

"1Minuut is trailblazing the health care industry through the creation of their Genzõ mobile platform that was built around our M300 Smart Glasses to deliver new experiences that improve the quality and speed of care as well as the appreciation of life for patients," said Paul Travers, Vuzix President and Chief Executive Officer. "Vuzix looks forward to supporting 1Minuut's efforts as they continue to roll out their M300 Smart Glasses based solution across the health care industry and positively impact so many more patients in need."

About 1Minuut Innovation

1Minuut Innovation is a young, dynamic and growing organization focused on healthcare innovation. 1Minuut innovation invents, creates and implements innovative technological solutions. Our spearhead is Augmented Reality applied in our software Genzõ (communication and expertise at a distance via the Smart Glass or wearables). For the development we always work from practice, together with doctors or other health care workers. The Vision of 1Minuut is: "A world in which you are in control of your information and communication". 1Minuut's mission is, to deliver software, making healthcare professionals work safe, mobile and easy. http://1minuut.com/info@1minuut.com

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix M300 Smart Glasses and 1Minuut Innovation along with Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Sept. 20, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company will be showcasing the Vuzix Blade® at The Luxury Technology Show 2018 on October 3, 2018 at the Metropolitan West beginning at 4:00 PM Eastern Time (ET) in New York, NY.

The Luxury Technology Show features the latest innovations from some of the most prestigious and cutting-edge technology brands from around the world. This unique expose gathers press & media, industry executives, buyers, dealers along with affluent consumers interested in acquiring the world's finest innovations. At the event, Vuzix will be demonstrating the Vuzix Blade to attendees and showing some of its amazing new interactive content and experiences. We will also be presenting the Vuzix Blade Companion App for managing notifications alerts and many other capabilities between an iOS or Android smart phone and the Blade.

The Vuzix Blade is currently shipping to Vuzix Edge developer customers and strategic accounts in the US, Canada and Europe and select key accounts in Asia. Manufacturing of the Vuzix Blade Smart Glasses are now moving to volume production and shipments to our customers have been growing through September. The Company is currently working through a sizeable volume of back orders.

"The response towards the Vuzix Blade from our developer community has been very encouraging and new developers are continuing to register at a record pace in 2018, evidenced by new developer sign ups that have more than doubled compared to 2017 and continues to accelerate," said Paul Travers, Vuzix President and Chief Executive Officer. "Additionally, the feedback received from customers that recently received Blade developer units, has been tremendous. The Blade Edge SDK version 4 for developers was released earlier this month and our team of software engineers continue to iterate and add additional tools and sample apps to the Blade SDK, which can be accessed from the Vuzix Developer Center."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Blade, its production status, the success of the Blade Edge Developer program, and the Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Sept. 19, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company will be presenting an optics abstract on Vuzix Blade® at the Frontiers in Optics Laser Science (FIO+LS) Technical Conference on September 19, 2018 in Washington, District of Columbia, USA.

The Virtual Reality and Augmented Vision conference theme at Frontiers in Optics Laser Science (FIO+LS) Technical Conference will focus on the VR and Augmented Reality (AR) markets. Within Virtual Reality (VR) and Augmented Vision, especially AR and MR are poised to create a huge market for enterprise and consumer by 2020, reaching over $100B. However, in order to create mass adoption both for enterprise and consumer, various hardware requirements need to be met, such as wearable, visual comfort, and costs. None of them are currently addressed, most of today's AR and MR headsets being too bulky, too heavy, low FOV, low resolution, low brightness, and have inherent vision limitations such as Vergence Accommodation conflict. Most of these challenges are linked to optics and photonics.

Robert Schultz, Vuzix Corporation Director of Advances Optics will provide an overview of Vuzix Blade, AR smart glasses that fits a need and fulfills a purpose; is so comfortable that the technology disappears and is so intuitive to operate that it doesn't require training. Vuzix Blade is designed to make the complex simple and open the world to new possibilities. Enterprise customers should see immediate returns on their investment and consumers should wonder how they managed to make it this far without this tool. Tools like Vuzix Blade that redefine the way we interact with the world only come about rarely.

Title: Bridging the Enterprise and Consumer Markets with AR by Providing, Comfort, Functionality and Usefulness

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business activities around the Vuzix Blade as well as the ongoing success of this program and future orders as well as the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Sept. 18, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company is partnering with OnCore Golf to deliver new AR enhanced experiences for golfers on the Vuzix Blade Smart Glasses.

Vuzix and OnCore are teaming up to create AR instructional, entertainment, and educational programs that golfers of all skill levels can enjoy at any venue – including driving ranges, golf entertainment centers, on the golf course, and at home - all centered around Vuzix Blade Smart Glasses. Vuzix and OnCore plan to first introduce an AR golf experience by using popular third-party ball launch systems at driving ranges and practice facilities beginning early in 2019. By mid-year 2019, when OnCore expects to launch its smart GENiUS ball and offer it with Vuzix Blade Smart Glasses, this powerful combination will let real-time AR tracking and analysis software be available for golfers to use in actual course play. It will include, amongst its many features, instructional and caddying advice using a network of both professional golf instructors and artificial intelligence. The GENiUS ball will be used like every other ball, but with its embedded GPS location and sensor technology, it will measure and deliver all of a golfer's shot data from the tee to the green in real time and for review afterwards.

Vuzix will also be working closely with OnCore's partner Spot Golf to bring its Blade AR Smart Glasses to the exciting world of golf entertainment centers in urban centers by introducing new and unique, proprietary facility designs that will offer both golf and non-golf experiences available nowhere else. The facilities will showcase all of OnCore Golf's technological advancements and partnerships, including the GENiUS ball and augmented reality golf experiences with the Vuzix Blade Smart Glasses. Numerous facilities are planned over the next several years.

"We are excited to enter into this partnership with OnCore Golf and believe it can create an entirely new form of entertainment and training experiences for golfers of all skill levels," said Paul Travers, President and Chief Executive Officer at Vuzix. "Bringing Vuzix Blade Smart Glasses to the golf courses, golf entertainment centers and driving ranges gives us an opportunity to connect with more than 25 million active golf participants that play on more than 15,000 golf courses across the USA. Coupled with an appropriate golf ball launch system, wearers can see their flight statistics in real time. Connecting the digital world to the real world through the Vuzix Blade Smart Glasses allows wearers to keep their phone in their pocket and eye on the ball while offering an opportunity to improve their golf handicap or just simply have a lot fun while trying."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

About OnCore

OnCore Golf is dedicated to delivering breakthrough technology and innovation, while inspiring golfers at all skill levels and abilities. Led by Chairman and CEO Keith Blakely, a serial entrepreneur who has founded and led numerous advanced technology and products companies delivering disruptive technology to the energy, defense, transportation, medical, electronics, telecommunication, and consumer products markets, OnCore is now fueled by a team of world-class innovators and investors which includes Rand Capital, Angel Capital Group, LLC, and others. OnCore Golf entered the golf ball industry through development of the first-ever commercially available USGA-conforming hollow metal core ball. The Company has since developed a growing suite of differentiating products distributed world-wide that now includes the extremely accurate CALIBER ball, the five star-rated AVANT with SoftCell technology to increase feel, durability and distance, as well as the dynamic ELIXRTM Tour ball. www.oncoregolf.com

About Spot Golf

Spot Golf is a company that is reimagining the game of golf by bringing the best in golf entertainment design and technology to the market. Led by Tim Kampa, a former professional golfer and one of the first operators of a Topgolf facility in the United States, Spot Golf has now created technology and design elements to take golf entertainment to a new level for golfers and non-golfers alike. www.spotgolf.com

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business activities and products partnering with OnCore Golf and Spot Golf, as well as the ongoing success of this program and future orders as well as the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Sept. 13, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technology and products for the consumer and enterprise markets, is pleased to announce that the Company has signed an agreement with a new global Tier-1 Aerospace firm to build a customized commercial avionics waveguide-based head mounted display (HMD) system.

Under the terms of this agreement, Vuzix and our new customer have embarked on a multi-stage development program with agreed upon milestones and payments. The first stage of this program is for approximately $250,000 and is expected to be completed this fall. Subject to a final approval and acceptance from the customer of the first phase, Vuzix expects to receive follow-on orders from this customer to finalize the product's development and hard tooling necessary to ultimately deliver commercial volumes of the custom waveguide systems as early as the second of half of 2019 for this customer's commercial avionics solution.

"We are excited to enter into this partnership and believe it represents a strong vote of confidence in our capabilities and recognition of our leading position within the waveguide optics technology space," said Paul Travers, President and Chief Executive Officer at Vuzix. "Additionally, the agreement demonstrates how Vuzix is able to leverage and partner our industry leading optics technology with top tier global partners across a variety of vertical markets including commercial avionics."

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, Barcelona, Spain and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business growth with the commercial avionics partner, the success of this program, future orders. and the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

ROCHESTER, N.Y., Aug. 16, 2018 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, Augmented Reality (AR) technologies and products for the consumer and enterprise markets, is pleased to announce that the Vuzix M300 now supports 'TechSight', an augmented reality solution for distribution center workers developed by Honeywell's Intelligrated's for its Lifecycle Support Services customers.

One of the most exciting market verticals today for Vuzix customer deployments is field service. Field service, typically involves a see-what-I-see application that can deliver expert knowledge from the office remotely to a technician in the field. When see-what-I-see applications are delivered through to a hands-free pair of smart glasses, technicians in the field are almost instantly more productive because they can work with both hands and simultaneously have access to the information and expertise they need to solve their problem efficiently.

In this type of application, a single use of smart glasses in the field can save tens of thousands of dollars for our customers, especially if key equipment failures can be remedied faster or avoided all together; and we have seen some workers view themselves as super-charged or enhanced within their industry as these workers can now leverage this access to expert knowledge that was previously unavailable to them from the worksite. See-what-I- see applications can deliver knowledge where and when you need it and is proving to be a powerful tool for technicians and remote workers.

TechSight from Honeywell Intelligrated is based on augmented reality, smart glasses technology that operates on the Web Real-time Communication (WebRTC) protocol to provide secure peer-to-peer video and audio connectivity. Utilizing the Vuzix M300 smart glasses, TechSight requires only a Wi-Fi connection to enable distribution center service technicians to stream live video and audio experts who are watching remotely on a computer.

"We are delighted that Honeywell Intelligrated's service offering is now supported by the Vuzix M300 for connected field workers and is the latest example of a see-what-I-see application that can deliver knowledge where and when you need it," said Paul Travers, Vuzix President and Chief Executive Officer.

About Vuzix Corporation

Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 64 patents and 71 additional patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2018 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix business growth with Honeywell and the Company's leadership in the Video Eyewear and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.